More Unequal in Income, More Unequal in Wellbeing
Adam Okulicz-Kozaryn () and
Joan Maya Mazelis ()
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Adam Okulicz-Kozaryn: Rutgers – Camden
Joan Maya Mazelis: Rutgers – Camden
Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2017, vol. 132, issue 3, No 1, 953-975
Abstract:
Abstract This study focuses on the long-term trend in happiness by income level in the United States. General Social Survey data suggest that in the past, rich and poor Americans were not only more equal in terms of income, but also in terms of their subjective wellbeing: the happiness gap between the poor and the rich has been increasing. Today’s poor suffer greater relative unhappiness than the poor of past decades. The gap between the poor and the rich is substantial, approximately 0.4 on a 1–3 happiness scale. The increase in the happiness gap is striking: comparing the 1970s to the 2000s, the gap has widened by about 40 % between the poor and the rich, and by about 50 % between the middle class and the rich.
Keywords: Happiness; Life satisfaction; Subjective wellbeing; Income inequality; Fairness; Social justice; US; General Social Survey (GSS) (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:soinre:v:132:y:2017:i:3:d:10.1007_s11205-016-1327-0
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DOI: 10.1007/s11205-016-1327-0
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